OYO Unlisted Share
Overview
Incorporated on 21 February 2012, Oravel Stays Limited owns and operates the popular hospitality start-up called the OYO Rooms. OYO is a global platform that enables people to find and book affordable and trusted accommodation that is stacked with facilities and technologies to make their customers feel at home and ease their operations. Oyo Rooms provide its customers with facilities such as air-conditioned rooms, breakfast, WiFi, washroom, cable television, spotless linen, and more. Since its incorporation, the company focuses on tackling the key pain points of both the patrons (hospitality owners, lessors, and operators of storefronts listed on the platform) as well as their customers and resolving them to give a smooth experience to everyone. This unique business model helps patrons to figure out and transform the unbranded and under-utilized hospitality assets into branded ones and generate higher revenue by offering customers access to high-quality accommodations at compelling prices.
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